I recently just opened a new credit card account. I have not received my new card in the mail yet and I am already deciding that i want to close the account. Will closing this account hurt my score?
I would think it would be hard to determine a credit score or credit worthiness unless they used open accounts. I know it does not seem fair to have to leave open an account you no longer want or need but what other way would there be to do a score. I have accounts opened that I do not use and am afraid they will close them but in these times who needs more debt. Does anyone know whether monthly utilities count toward your score? These companies should be made to report monthly to the credit agencies since it would help build credit and it would be an account you needed to leave open.
if you are responsible and pay all your bills on time why would one need so many cc to have hold and collect alot of debt.....i say close your score may dip for a brief period of time but it will recover if your bills are paid and if your not buyin a house in the next 6 months no biggie let me see pay cc my whole life or be debt free and pay myself the fico is overratted just think about the trap and game they use on your brain cashback rewards give me 20.00 back after i pay you 2000 plus interest NO THANKS
heres my thing your not free unless you dont owe anyone or any business if 5000.00 cant clean up your debt then your in to deep and to open another one or balance transfer is even worse moving debt you have to pay is a bandaid and if you cant pay the card or cards you have why open more or move more balances
I would think it would be hard to determine a credit score or credit worthiness unless they used open accounts. I know it does not seem fair to have to leave open an account you no longer want or need but what other way would there be to do a score. I have accounts opened that I do not use and am afraid they will close them but in these times who needs more debt. Does anyone know whether monthly utilities count toward your score? These companies should be made to report monthly to the credit agencies since it would help build credit and it would be an account you needed to leave open.
closing a new credit card account
if you are responsible and pay all your bills on time why would one need so many cc to have hold and collect alot of debt.....i say close your score may dip for a brief period of time but it will recover if your bills are paid and if your not buyin a house in the next 6 months no biggie let me see pay cc my whole life or be debt free and pay myself the fico is overratted just think about the trap and game they use on your brain cashback rewards give me 20.00 back after i pay you 2000 plus interest NO THANKS
CLOSING ACCOUNTS
YOU NEVER HEAR A CC COMPANY OFFER TO PAY YOUR BILL FOR YOU IVE NEVER HEARD OF ANY PLACE TURN DOWN CASH I AM ALL FOR A CARD FOR A BUFFER OR EMERGENCY
closing credit cards
heres my thing your not free unless you dont owe anyone or any business if 5000.00 cant clean up your debt then your in to deep and to open another one or balance transfer is even worse moving debt you have to pay is a bandaid and if you cant pay the card or cards you have why open more or move more balances